Since it already cash flows, that could ease that burden for you.For funds, I'm not sure what your existing rate and terms are but you could always try a cash out refinance to fund the next property.

Now it's stable, and time to take out the hard money with long term institutional debt.

Life is too short and real estate investing is not worth it for a lot of people, as it is stressful and can be very expensive.

The house currently rents for $1450/month, we have long-term tenants, and we use a management company.

The downside of this strategy is that the borrower has some leverage to negotiate terms that benefit them in exchange for the Deed in Lieu.Plan executedGiven that we had ruled out the first two options, it became clear that we were going to end up taking these properties back along with inheriting any accrued liability.

Many lenders offer flexible financing terms up to 85% in some instances for investment property transactions. 

For the short basement, you can underpin/dig down or lift the house up.

My fiancé and I are open to investing out of state and are actually in a trip in Texas to check out real estate see how we like the idea of staring a family here.Our Starting Point (Conservatively)- Located in Camarillo, CA- 120k portfolio in the stock market subject to short term capital gains with a potential tax bill of 15-20k- Current W2 monthly income after taxes: $7k- Side hustle 1 income: $200 month     ($200 in profit)- Side hustle 2 income: $1400 revenue     ($0 profit) - debt at 29k- Current debt: $47k     (Auto: $29k Student Debt: $18k)*the auto loan doesn’t show on our credit for some reasonHow would move forward in our situation?

Do you have a recording camera onsite to help you monitor the work when you're not there?

If it's a single family house, it should be tenant responsibility but if it's a multifamily, that's when you may need to take care of it - it depends on your lease terms and should be stated there so both landlord and tenant understand whose responsible for it.